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795 Main Street

795 Main Street, Limon, CO 80828
Commercial in Lincoln
Sold Jun 01, 2018
$450,000
Local assessors in Limon, CO have categorized 795 Main Street as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 13,896 square feet. The linear feet between the front and back of the lot was measured at 1,390 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 32 rooms in the home. Of these, 14 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 14 full bathrooms. There are also 14 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 795 Main Street has a total of 8,160 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of roll composition. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's electric heaters is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 795 Main Street was last sold in May 29, 2018 for $450,000. According to our calculations, that's $58.62 per sqft. Current property owners are expected to pay $1,818 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 795 Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,354. To break that down further, the land itself was valued at $1,418. While improvements to the property were assessed at a total of $20,936. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Total Rooms: 32
  • Bedroom Count: 14
  • Bathroom Count: 14
  • Full Bathrooms: 14
  • Partial Bathrooms: 14
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,896
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 7,676
  • Gross Building Area: 7,676
  • Building Area: 7,676
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 8,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIMON ORIGINAL
  • Land Acres: 0.319
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOTS 9,10,11,12 BLK 29 ORIGINAL TOWN OF LIMON, CO. FILED MOTELS

Ownership

  • Current Owner : ARCH MIDWEST COUNTRY INN REAL INC
  • Previous Owner : FIRST MIDWEST HOSPITALITY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Limon School District RE-4J
  • Census Tract: 961700

Geography

  • Account Number: R003555
  • Parcel: 258517429004
  • Block: 29
  • Lot: 9-12
  • Municipality: LIMON RE-4J
  • Latitude: 39.263
  • Longitude: -103.686

    Address

  • Full Address: 795 Main St
  • Address - House Number: 795
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Limon
  • Carrier Code: R777
  • 4-Digit Zip Code: 5121
  • Zip Code: 80828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,818
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 508,285
  • High Value: 739,147
  • Low Value: 277,422

    Market Valuation

  • Market Total Value: $328,727
  • Market Land Value: $20,850
  • Market Improvement Value: $307,877

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,354
  • Assessed Land Value: $1,418
  • Assessed Improvements Value: $20,936

    Sales

  • Current Sale Contract Date: May 29, 2018
  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Transaction ID: 11470661796
  • Current Sale Price: $450,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 350166

    Last Sale Mortgage

  • First Mortgage Lender: ARCH MIDWEST COUNTRY
  • First Mortgage Transaction Date: Jun 01, 2018
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Limon



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Frequently Asked Questions

What neighborhood is 795 Main Street located in?
The 795 Main Street is a commercial located in the neighborhood of Lincoln in Limon, Limon.
What is the average sales price for listings in 795 Main Street?
The average sales price for units in 795 Main Street is $0 currently.

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